ANZ Private Bank continues team build-up

The Australian firm is committing more resources to its Asian wealth-management business, with Samuel Suen named as the latest senior addition to the team.

Among the growing crowd of firms looking to tap the burgeoning pool of wealth in Asia, ANZ Private Bank is a name being taken very seriously, according to fund management executives.

When you're talking about the next big distributors whose shelf space is in demand, they're attracting a lot of attention, says Jean-Luc Eyssautier, director of funds distribution at Axa Investment Managers in Hong Kong. They seem to be putting in place a large team and have big hiring...